The S&P 500 rose Wednesday, lifted by the strength of credit-card issuers, Tesla (TSLA) and the industrial and energy sectors in the first trading session after Election Day.

Credit card companies and banks outperformed the index, with stock for Discover Financial Services (DFS) and $Synchrony Financial(SYF-B)$ (SYF), known for its retail-branded credit cards, surging some 17% since the market closed Tuesday. Capital One (COF) and Discover plan to merge, and some of the rise in their shares is likely due to optimism that the deal will close under a second Donald Trump administration.

Other financial service firms' stock rose double digits, including Keycorp (KEY), Goldman Sachs Group (GS), Wells Fargo & Company (WFC) and Morgan Stanley (MS).

The energy sector also fared well. Share prices increased about 8% for EQT (EQT), a natural gas producer, and Baker Hughes (BKR), which provides services to the oil and energy field. Trump is generally expected to favor policies that would benefit American oil companies.Tesla shares jumped about 13%, surpassing gains posted by several hospitality companies in the consumer discretionary sector. Elon Musk, CEO of the EV maker, campaigned on behalf of Trump and contributed to a super PAC supporting him.

The sector was otherwise bolstered by hospitality firms. Shares of several cruise operators, including Carnival (CCL), Norwegian Cruise Line (NCLH) and Royal Caribbean Cruises (RCL), climbed Wednesday.

The industrials sector also rose. Shares of Old Dominion Freight Line (ODFL), a trucking company, rose nearly 10%. Stock prices rose for other commercial transit companies, including Howmet Aerospace (HWM) and Norfolk Southern (NSC).